Obama: Let's Pass a Budget Without Brinksmanship
Feb. 12 (Bloomberg) -- President Barack Obama comments of the federal budget impasse during the State of the Union address. (Source: Bloomberg)
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We've Transformed Philips and Lumileds Deal Nears: CEO
27:00 - Royal Philips NV third-quarter profit rose 14 percent as performance at the Dutch company’s personal health and diagnosis and treatment businesses improved. Adjusted earnings before interest, taxes and amortization were 649 million euros ($705 million) in the three months through September, the Amsterdam-based company said in a statement on Monday. That compared with 570 million euros in the same quarter last year. Sales rose 2 percent on a comparable basis to 5.9 billion euros. Chief Executive Officer Frans van Houten discusses with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."